The earnings call indicates that while the company has achieved important operational milestones like accessing the higher-grade 5034 NEX ore body and maintaining a record low injury rate, it continues to face significant financial challenges due to historically low diamond prices, high production costs, and increased reliance on shareholder support and debt. Market conditions remain uncertain, particularly due to tariff issues, affecting overall performance.
Company Guidance
During the Mountain Province Diamonds Inc. Q3 2025 Webcast and Conference Call, the guidance provided highlighted several key metrics and operational updates. The company reported a total recordable injury frequency rate (TRIFR) of 1.43 for the first nine months of 2025, improving to 1.29 after the quarter ended, marking the lowest in the mine's history. The focus during Q3 was on accessing the high-grade 5034 NEX ore body, which is expected to improve production in Q4 2025 and into 2026. The average recovered grade was 1.18 carats per tonne, a 5% decrease from the previous year, due to reliance on lower-grade stockpiled ore earlier in the quarter. Despite operational improvements, the cash cost per tonne and per carat rose above initial 2025 guidance due to lower grade material treated earlier in the year. Financially, the company faced challenges with low diamond prices, leading to a CAD 29 million loss from mine operations for Q3 and a CAD 103 million loss for the year-to-date. Revenue was significantly impacted, with Q3 2025 being the lowest since the mine's opening. The company remains reliant on liquidity support from major shareholder Mr. Dermot Desmond. Looking ahead, anticipated improvements in market conditions, particularly regarding U.S.-India tariff agreements, are expected to benefit the company.
Record Low Injury Rate
The total recordable injury frequency rate (TRIFR) for the first 9 months of 2025 was 1.43, the lowest in the mine's history, and it further dropped to 1.29 after the quarter ended.
Access to High-Grade Ore
Successfully stripped down to the higher-grade 5034 NEX ore body, which is expected to improve production in Q4 and into 2026.
Continued Support from Major Shareholder
The company remains reliant on the liquidity support provided by major shareholder Mr. Dermot Desmond.
Mountain Province Diamonds (TSE:MPVD) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:MPVD Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 11, 2025
C$0.04
C$0.04
-7.89%
Aug 12, 2025
C$0.04
C$0.05
+11.11%
May 13, 2025
C$0.07
C$0.06
-14.29%
Mar 26, 2025
C$0.06
C$0.07
+16.67%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Mountain Province Diamonds (TSE:MPVD) report earnings?
Mountain Province Diamonds (TSE:MPVD) is schdueled to report earning on Mar 30, 2026, After Close (Confirmed).
What is Mountain Province Diamonds (TSE:MPVD) earnings time?
Mountain Province Diamonds (TSE:MPVD) earnings time is at Mar 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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